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Hudson Roofing's budgeted manufacturing costs for 25,000 squares of shingles are:

Fixed manufacturing costs............................$12,000

Variable manufacturing costs........................$16.00 per square

Hudson produced 20,000 squares of shingles during March. How much are budgeted total manufacturing costs in March?

	$332,000
	$400,000
	$320,000
	$412,000 Nunley Company's direct materials budget shows total cost of direct materials purchases for April $300,000; May $360,000; and June $420,000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for June are $312,000 $384,000 $396,000 $360,000 Jacobsen, Inc. is planning to sell 200 buckets and produce 190 buckets during March. Each bucket requires 500 grams of plastic and one-half hour of direct labor. Plastic costs $10 per 500 grams and employees of the company are paid $15.00 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Jacobsen has 300 kilos of plastic in beginning inventory and wants to have 200 kilos in ending inventory. How much is the total amount of budgeted direct labor for March? $1,425 $1,500 $2,850 $3,000 Zimmer Company reported the following information for 201X: .........................October........November.......December Budgeted sales.....$230,000......$220,000........$270,000 Budgeted purchases...........$120,000......$128,000........$144,000 All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month Cost of goods sold is 35% of sales Zimmer purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much is the budgeted balance for Accounts Payable at October 31, 201X? $48,000 $102,000 $51,200 $72,000 Neal Merchandising Company expects to purchase $90,000 of materials in July and $105,000 of materials in August. Three-quarters of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be? $101,250 $105,000 $67,500 $78,750

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